Iron Ore Mine For Sale
Location Bolivia
Asking Price Range $10.0M - $20.0M
Gross Revenues $1000000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Mine development.
Description Mine for sale - iron ore Bolivia.
Property description
located in a privileged mining area with direct access to railway and port.
4,500 hectares of mining claims in the most important province of iron deposits in Bolivia.
Estimated reserves.
Probable reserves.
3.975 billions mt of fe 64.5% +/-
Potential reserve
19,875 billions mt of fe 64.5% +/-
Total
23,850 billions mt of fe 64.5% +/-
For all the instance the mine deposit has been prospected by geophysical consultancy group using high frequency technology, satellite prospection and geophysical modeling.
Iron ore in mantles, hematite (fe2o3) with copper and zinc content and lower content of manganese, tantalum, tin niobium.
At present high interest exists in the region and major companies are making prospection. These companies are interested to develop long terms agreement due to ferrous content of mineral, road and railways access direct to fluvial port - hidrovia paraguay-parana-rio de la plata
Energy source, water & gas available in the zone. The concession has 2 rivers and is located near several towns and main cities.
Purchase options:
i.- payment in cash
upon completing due diligence and legal documents
direct purchase cash price: $14 millions.
Ii.- payment based on exploration results:
exploration period : 5 - 8 months
exploration down payment : $2 millions
Available documents after loi:
- complete geological study
- lab analysis, photos, aerial maps, etc.
- all legal documentation
Contact for more information on this mine for sale.
Click Here To Contact Seller
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